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April is Financial Literacy Month

What does financial literacy mean to you? Is it knowing how to do your taxes, budgeting well enough to have extra spending money each month, paying off your loans in a certain time or simply having a bank account?

There are many free resources available online on a wide range of financial topics; all you need to do is take the time to look and educate yourself. UWATX has many resources available on our own website including:

Bank Locator Tool

Answer a few questions to find the perfect bank or credit union for you, complete with locations to help you get started.

Financial Toolkits

Our toolkit contains tips and worksheets on the following topics:

  • Filing taxes
  • How to repair your credit and manage debt
  • Everything you need to know before you take out a loan
  • How to open a bank account and set up direct deposit

Financial Classes Locator

Check out free upcoming financial classes near you to improve your skills.

Additionally, check out these other great resources to meet your financial literacy goals:

360 Degrees of Financial Literacy

360 Degrees of Financial literacy is a national volunteer effort from America’s Certified Public Accountants to help residents understand their personal finances and develop money management skills. It focuses on financial education as a lifelong endeavor and contains tips dependent on your current situation, whether you’re a college student, young couple, divorced, etc. They have a huge range of topics covered from caring for aging parents, investing basics, sudden wealth, saving for college and much more, as well as multiple calculators to help you make better financial decisions.

FinancialLiteracyMonth.com

This website contains a 30 day plan to becoming financially literate. It starts with taking a pledge and organizing your receipts and household documents, learning about your credit score, calculating your own net worth and managing your debt. This is a great tool to make getting on track manageable and less overwhelming.

Investopedia

Not only does Investopedia keep you up to date with the latest financial news, it is a great site for those who have a handle on basic financial literacy and are ready to dive a bit deeper. With articles on trading stocks, mutual funds and economics basics, you can go beyond being financially stable and put your money to work for you and (hopefully) grow itself.

 

Think your employees could benefit from financial literacy classes and coaching at your workplace?

Email our Financial Stability team at financialstability@uwatx.org.